No Result
View All Result
Tuesday, March 3, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Updated: Libya imports 312 k sheep and cows for Eid of Sacrifice

bySami Zaptia
August 10, 2019
Reading Time: 2 mins read
A A

By Sami Zaptia.

The Tripoli government has said that it has imported 317,107 rams and cows in time for the Eid of Sacrifice next Sunday (Photo: From archives by Sami Zaptia).

London, 10 August 2019:

The Faiez Serraj-led Libyan Presidency Council and Government of National Accord, has announced that it has imported a total of 312,878 sheep and 4,229 cows totalling 317, 107 animals up to 10 August.

Contrary to our earlier article stating that these figures only covered Western Libya and that Eastern Libya, under the nominal control of the Interim Government, had made its own import arrangements, the Serraj government has confirmed that these updated figures include the landings of livestock at Tripoli, Khoms, Misrata, Benghazi and Tobruk ports..

It will be recalled that the Tripoli Ministry of Economy had reported last year that Libya’s Farmers Union estimated that local production will only produce about 800,000 animals which would only meet about 50 percent of needs, and therefore, it expects to import about another 800,000 heads at a minimum weight of 45 kg each – at an estimated total cost of Euro 130 million.

RELATED POSTS

Attorney General detains some of the importers of 300 tons of sugar unfit for human consumption

Aldabaiba proposes new Road Map for holding elections, loans and land for youth and money for healthcare for war wounded

The animals will be made available for the Eid Al-Adha (sacrifice) feast holiday beginning Sunday. In Islam, the sacrifice of an animal is discretionary for those who can afford it. As is in the Old Testament, the sacrifice of a ram is to commemorate the prophet Abraham (Ibrahim) offering his son Isaac as a sacrifice, only for god to substitute at the last minute Isaac with a ram instead.

There has been public disquiet in Libya this year – which seems to happen every year – at the prices of sacrificial rams – which have to be of a certain age. The general high cost of living, including the black-market rate of hard currency, the late payment of state-sector salaries, as well as the bank cash withdrawal limits of about LD 1,000, have made it near impossible for many families to purchase a ram this year.

Indeed, many Libyans are calling for a boycott by buyers against what they see as exploitative animal stock traders. With appropriate home-bred sacrificial rams are ranging in price from LD 1,000 to LD 1,800 – this far exceeds the bank cash withdrawal limit of LD 1,000.

A local bank, Sahary bank, has gone so far as to offer an interest free loan payable over a year specifically for the purchase of the Eid sacrificial ram. This is a first such service to be offered by the Libyan banking sector.

It must be pointed out that whilst most Libyans prefer locally bred rams, which are the most expensive, the Libyan state has arranged for the import of foreign-bred rams which are traded at a lower price ranging from 20-30 percent.

 

https://www.libyaherald.com/2019/07/28/many-abandoning-eid-ram-sacrifice-due-to-cash-crisis-and-high-cost-of-living/

 

https://www.libyaherald.com/2019/07/23/sahary-bank-offers-loan-to-buy-eid-sacrifice/

 

https://www.libyaherald.com/2018/05/18/libya-to-introduce-online-booking-system-and-app-for-eid-rams-expects-to-import-800000-heads-at-euro-130-m/

 

 

Tags: cowsEid al-Adha feast of sacrificeEid rams sheepfeaturedimport

Related Posts

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

March 2, 2026
Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Business

Unified Chambers of Commerce Digital System launched – to develop e-services within Libya’s chambers of commerce including digital certificates, trade stats and verification

March 2, 2026
AGOCO reactivates stalled old Nafoura well to produce 1,200 bpd
Business

Arabian Gulf Oil Company launches second phase of “Think About Tomorrow” Initiative by planting 30 hectares around Al-Nafoura Field

March 2, 2026
Mabruk field resumes production at 25,000 barrels per day following successful commissioning of new early production unit
Business

Mabruk field resumes production at 25,000 barrels per day following successful commissioning of new early production unit

March 2, 2026
LBC leading delegation to Miami for America’s Food and Beverage Show – 18 to 20 September
Business

LBC launch first session of institutional dialogue initiative between public and private sectors – to improve business environment

March 2, 2026
‘‘U.S. experts’’ visit Sirte’s single pivot agricultural irrigation circles – 87 irrigation circles will be restarted in 2025
Business

NDA launches construction of Sebha’s Rose Palace Hotel – implemented by Turkey’s Nova Global company

March 1, 2026
Next Post
Tripoli government calls on ICC to investigate Murzuk killing of dozens of civilians attributed to Hafter’s forces

Tripoli government calls on ICC to investigate Murzuk killing of dozens of civilians attributed to Hafter's forces

Tripoli government agrees 4-point conditional Eid truce

Top Stories

  • Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    0 shares
    Share 0 Tweet 0
  • Demonstrations continue in Zawia for the second day in a row against all incumbent political entities as standards of living continue to diminish

    0 shares
    Share 0 Tweet 0
  • As the dollar breaks the LD 10.50 mark, Aldabaiba attempts to deflect blame squarely onto Hafter for Libya’s runaway economic crisis

    0 shares
    Share 0 Tweet 0
  • Hafter’s forces claim liberation of all its kidnapped soldiers at the southern Al-Toum border checkpoint from local militias

    0 shares
    Share 0 Tweet 0
  • HSC’s proposals to reform Libya’s economy include abolishing proposed taxes, suspending development spending, prioritising imports, monitoring LCs

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

Unified Chambers of Commerce Digital System launched – to develop e-services within Libya’s chambers of commerce including digital certificates, trade stats and verification

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.